Foremost Priority Of Coalition Govt Is Revival Of Economy: Maryam Aurangzaib
Islamabad: Federal cabinet has approved reduction in prices of sugar and flour for provision of relief to people during Ramazan. This was stated by Minster...
Gold Value Increases in Pakistan
KARACHI: Gold price in Pakistan gained Rs900 per tola as the local currency resumed its downward slide against the US dollar, once again surpassing Rs184-mark...
Dollar Appreciates Against Pakistani Rupee
KARACHI: The Pakistani rupee fell on Tuesday as higher dollar demand from importers pushed the US dollar higher. According to the State Bank of Pakistan...
PSX Sheds Over 200 Points
KARACHI: The Pakistan Stock Exchange (PSX) extended loses on Tuesday as the latest round of rupee depreciation pushed the benchmark index down by over 200...
Gold Price Rises By Rs800 Per Tola
KARACHI: Gold price in Pakistan rose on Monday, boosted by concerns regarding economic conditions which have once again sparked a flight from risky commodities towards...
US Dollar Gains Against PKR
KARACHI: Pakistan’s rupee broke its seven-session winning streak against the US dollar, depreciating marginally by 0.54% in the inter-bank market on Monday. According to the...
PML-N Will Show Once gain Decrease In Loss Of Energy Sector: Miftah Ismael
Islamabad: Pakistan Muslim League-Nawaz (PML-N) leader and former finance minister Miftah Ismael on Monday said that the PTI” incompetent government increased loss of energy sector....
PSX has Negative Trend At Start Of The Week
Karachi: Pakistan Stock Exchange has negative trend on start of the week. The PSX is trading at 46, 536 after a decrease of 64 pionts....
Weekly Inflation Declines By 0.68pc in Pakistan
ISLAMABAD: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on April 14 for the combined consumption group, witnessed a decrease of...
Gold Price Decreases in Pakistan
Karachi: There was a slight decline in gold prices in the local and international barter markets. According to the Sarafa Association, the price of gold...
PSX Gains 117 Points
KARACHI: The Pakistan Stock Exchange continued its bullish momentum on Friday to end the weekend on a positive note after the end of political crisis...
Export of Sugar Banned
Islamabad: After the direction of Prime Minister Shehbaz Sharif, the federal government on Friday announced to ban on the export of sugar, saying the ban...
Rupee Price Uptick Streak Continues As Rupee Reaches Rs 181. 58
KARACHI: The US dollar fell to Rs181.58 on Friday as the political turmoil in the country subsided. According to the State Bank of Pakistan (SBP),...
OGRA Proposes Massive Hike in PoL Prices
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has sent a summary, seeking increase in petroleum prices from April 15. The regulator has recommended an...
Govt Increases Pension By 10pc
ISLAMABAD: The government has increased the pension of federal government pensioners with effect from April 1, 2022 which was announced by Prime Minister Shahbaz Sharif...
US Dollar Depreciates Against PKR
KARACHI: The rupee strengthened against the US dollar at Rs181.69 in the inter-bank market on Thursday compared with Tuesday’s close of Rs181.82, according to the...
Ishaq Dar Optimistic, Rupee Can Reach 160 Against Dollar In Few Months
London: Former finance minister Ishaq Dar predicted that the US dollar can come down to Rs160 in a few months when “fiscal and monetary policies...
World Bank Raises Growth Forecast for Pakistan To 4.3% From 3.4%
ISLAMABAD: The World Bank raised its economic growth forecast for Pakistan, the region’s second-largest economy, for the current year ending in June, to 4.3% from...
PSX Sheds 250 Points
KARACHI: A three-day buying spree ended at the Pakistan Stock Exchange (PSX) on Wednesday as investors booked profit in line with global market trends. The...
Gold Gains Rs350 Per Tola
KARACHI: Gold price in Pakistan recorded gains on Wednesday after a massive plunge of Rs4,300 per tola in the last three sessions as sentiments improved...
PKR Continues To Gain Against US Dollar
KARACHI: Pakistani currency clawed back from record lows continued on Wednesday as the rupee made more dents in the US dollar for the fourth session,...
PM Directs Immediate Running of Metro Bus
ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Tuesday announced to run Metro from Islamabad Peshawar Mor to Airport within five days. According to details, PM...
Bullish Trend Prevails At PSX
KARACHI: The bulls held on to their positions for the third consecutive session at the Pakistan Stock Exchange (PSX) on Tuesday and helped keep the...
Gold Price Drops in Pakistan
KARACHI: Gold prices extended declines on Tuesday after a retreat in international oil prices and rupee depreciation against the US dollar boosted risk appetite. According...
Rupee Value Continues To Increase On Consecutive Third Day As Closes At Rs182.02
KARACHI: The rupee extended gains on Tuesday for the third consecutive session bolstered by hopes of political and economic stability following the formation of the...
PM Directs Sasta Bazaars Monitoring In Ramadan For Goods At Cheap Rates
Islamabad: Prime Minister Shehbaz Sharif has issued directions for implementation of relief measures announced by him yesterday in the National Assembly. He has directed to...
Gold Prices Drcrease by Rs900 Per Tola
KARACHI: Amid the recovery in other commodity markets, gold price in Pakistan dropped Rs900 per tola to settle at Rs131,400 in Pakistan Monday. Meanwhile, the...
PSX Gains 1,700 Points
KARACHI: The bulls dominated trading at the Pakistan Stock Exchange (PSX) on Monday as the benchmark KSE-100 index rallied, reaching new records by gaining 1,700...
PKR Appreciates Against US Dollar
KARACHI: The Pakistani rupee’s uptrend persisted on Monday as the currency gained 0.96%, or Rs1.75, against the US dollar in the inter-bank market, closing at...
Governor SBP Hints Increase In Petroleum Products And Electricity Prices
Islamabad: Governor State Bank Of Pakistan (SBP) Raza Baqir has hinted an increase in petroleum products and electricity prices In an interview with the English...
Weekly Inflation In Pakistan Reaches 21-week High
ISLAMABAD: A hike in prices of tomatoes, edible oil and LPG pushed weekly inflation to over 21-week high at 1.53 percent week-on-week and 17.87 percent...
Dollar Weakens Against PKR
KARACHI: The dollar has weakened against Pakistani rupee at the Interbank Foreign Exchange (IFEX), the dollar is trading at 187 paise to 187 paise after...
PTI Govt Added Rs 18 Trillion To Public Debt
Karachi:The outgoing government added over Rs 18 trillion to the public debt during its three-and-a-half-year stint, which was more than the liabilities accumulated by any...
PSX Loses Over 300 Points
KARACHI: The bears staged a comeback at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index loses over 300 points owing to rupee depreciation...
Gold Price Increases By Rs1,500 Per Tola
KARACHI: The gold price in Pakistan soared to an all-time high at Rs134,300 per tola on Thursday as currency devaluation eclipsed pressure from riskier assets...
SBP Increases Interest Rate By 2.5 Percent
Islamabad: The State Bank of Pakistan (SBP) on Thursday (today) increased interest rate by 2.5 percent. 1/3 In an emergency meeting today, MPC decided to...
Pakistani Rupee All Time Low At Rs 189 Against US Dollar
KARACHI: The Pakistani rupee surpassed all records on Thursday, selling at above Rs189 against the dollar in the interbank market. The local currency was trading...
Gold Price Increases in Pakistan
KARACHI: Gold shines once again, as it hit an all-time high of Rs132,800 per tola (11.66 grams) in Pakistan on Wednesday after investors relocated the...
PSX Gains 183 Points
KARACHI: The Pakistan Stock Exchange (PSX) witnessed positive momentum on Wednesday as it regained the 44,000 points level lost earlier this week amid the ongoing...
PKR Hits All-time Low Against US Dollar
KARACHI: Amid ongoing political uncertainty in the country, Pakistani Rupee continued to slump against US Dollar in the interbank market. The local currency dropped 90...
Gold Price Surges by Rs800 Per Tola in Pakistan
KARACHI: Gold price in Pakistan gained Rs800 per tola as the local currency plunges to an all-time low of Rs185.23 against the US dollar in...
Dollar Price Crosses Rs 186 In Open Market
Karachi: The value of US dollar on Tuesday (today) increased by Rs 1 in the open market. The US dollar surpasses Rs 186 in the...
Pakistan’s Trade Deficit Soars To $36Bn
ISLAMABAD: Pakistan’s trade deficit ballooned by 70 per cent during the first nine months of the ongoing fiscal year, data shared by the Pakistan Bureau...
PSX Sheds Over 1,200 Points
KARACHI: The Pakistan Stock Exchange (PSX) on Monday came under intense selling pressure as the rising political drama rattled investors and pushed the benchmark index...
Gold Price Sheds in Pakistan
KARACHI: Gold price in Pakistan shed Rs100 per tola and Rs85 per 10 grams to settle at Rs131,200 and Rs112,483, respectively. According to All Sindh...
All Banks To Be Closed Today Owing To Deduction Of Zakat
Karachi: All the banks across the country will remain close for all public dealings owing to cutting of Zakat. According to State Bank Of Pakistan...
Inflation in Pakistan Jumps To 12.7pc in March
ISLAMABAD: The inflation rate picked up pace and jumped to 12.7% in March amid a significant rise in prices of perishable food items both in...
PSX Witnesses Bullish Trend
KARACHI: The Pakistan Stock Exchange (PSX) extended its bull-run on the last day of the trading week and jumped over 200 points as the market...
Gold Price Increases in Pakistan
KARACHI: Gold price in Pakistan gains Rs100 per tola and Rs 86 per 10-grams on Friday contrary to a decline in the international bullion prices....
SBP Announces Ramzan Timings For Banks
Karachi: The State Bank of Pakistan (SBP) has issued banks timing for the holly month of Ramzan. As per the SBP, office timings in Ramzan...